Thursday, 21 August 2014
Last updated 8 hours ago
Jul 2 2013 | 11:15am ET
Another former proprietary trading is joining the ranks of his former colleagues in launching a hedge fund.
George Kounelakis, the former head of Morgan Stanley’s principal investments group in Europe, has set up ENA Investment Capital. The new firm has been approved by the U.K.’s Financial Conduct Authority, has lined up a U.S. institutional seed investor and will launch its maiden fund around September, Financial News reports.
ENA will employ an event-driven strategy focused on Europe.
“ENA Capital’s key focus is on cyclical industries and geographis in Europe undergoing a transition or facing structural challenges where the firm has strong industrial and local expertise and access,” according to a biography of Kounelakis posted on the Belfer Center for Science and International Affairs Web site.
Kounelakis plans to have about 20 staffers on board at launch. ENA already has three other partners: Och-Ziff Capital Management veteran Rafael Garcia Arbej, a financials expert; and Mark Field-Marsham and Guillermo Galmés Diego, both, like Kounelakis, formerly of Morgan Stanley.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note